DS Danseok Posts Q1 2026 Consolidated Operating Profit of KRW 4.4B, Turns to Black…Large SAF Order Continues

Consolidated Q1 2026: Revenue KRW 278.1B (down 5.4% YoY), Operating profit KRW 4.4B (swung from loss of KRW 0.8B in Q1 2025), Net loss KRW 1.9B
Bioenergy segment: Revenue KRW 170.2B (61% of total), Operating loss KRW 1.4B; Battery recycling: Revenue KRW 81.5B, Operating profit KRW 4.7B; Plastic recycling: Revenue KRW 26.4B, Operating profit KRW 1.2B
Large SAF pre-treatment supply contract with Phillips 66 (total KRW 1.02T, through Nov 2027) on track; cumulative supply in Q1 2026: KRW 124.8B
Acquired land in Seocho-gu, Seoul for KRW 116B via public auction in Feb 2026 (balance payment due June 2026)
Consolidated debt-to-equity ratio: 208.5% (up from 180.8% at year-end 2025); Total equity KRW 269.3B
No share buyback, cancellation, or dividend related items

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